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20131202
20131210
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CSPAN 14
CSPAN2 13
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CNBC 1
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English 48
Search Results 0 to 47 of about 48 (some duplicates have been removed)
CSPAN
Dec 8, 2013 5:45pm EST
fiscal responsibility. >> there is a fundamental difference between short-term deficits and an structural deficits. the short-term deficits largely were inherited by the rock obama -- barack obama and we need to understand its short-term deficits are understandable because we are in a recession and we have to undeclared wars and a number of bailouts and unemployment is very high. so he made it very clear that he wants to try to take the steps to try to get the economy going on in consistent basis and bring unemployment down. he is going to propose a number of tax cuts or tax preferences as well as spending increases to try to do that and that may exacerbate the short-term but then he pivoted which i think is important to talk about the structural deficit. and that is what threatens the state. it's not the ice that is above the water. it's the ice that is below the water. it's not the debt on the balance sheet, it is what is off the balance sheet that disrupts the future and he talked about three things, he talked about freezing a portion of discretionary spending, less than 20% of the fed
CSPAN
Dec 9, 2013 1:30am EST
have been recommended by the imf with reduced short-term deficits and your obligations so that you can recover faster. a number of ministers, including the health minister, resigned in this includes a number of other social safety nets rather than this for a politician. and over the first time in 1944, they had a country wide vote with all these other things to put it to a vote. so even though it was more than 800% of gdp, a small group of people have invested all the money in mortgage-backed securities. and so we have two options in one is to cut the social safety net obligations and pay this back all the foreign creditors and the other option is to do a loan repayment program and while preserving our safety nets at home and most people had understandably been a part of the second one. and this includes a public health and it was essentially a fact. some indicators were slightly improved, like sweet quality and there was no increase in suicides, we just couldn't find anything among four different groups and there is only one blip and there was a sudden spike in emergency room visits.
CSPAN
Dec 9, 2013 12:30pm EST
and replace the savings so it wouldn't add to the deficit by increasing some government fees and perhaps requiring a higher contribution from federal workers for their retirement program and maybe about a 65 to $70 billion deal. it wouldn't be a deficit reduction deal, but it would, it would be an agreement on the level of discretionary spending or the appropriations bills for the next one or two years. >> host: and talk to us about scale. is the a large deal? is it a small deal if how does this kind of fit in our range of options? >> guest: this is not what you would call a grand bargain. it's a small deal. they deliberately set a pretty modest target because they thought something more ambitious wouldn't get done. so in the effort of finding some sort of an agreement for this year, this year's appropriations level and possibly it looks like next year's, they would just target that and see if they could reach an agreement on that, and that's kind of where we're headed. >> host: talking about the prospects for a budget deal this morning with the concord coalition's bob bixby. if you'd li
CNN
Dec 5, 2013 2:00am PST
an end to the war on budget deficits and pledging to fight the deficit of opportunity for the poor and middle class. in a speech wednesday on his economic priorities, the president said the federal deficit is under control and doesn't present a serious threat to the economy. he focused on the gap between the rich and the poor and making the case for raising the minimum wage to more than $10. while extending unemployment benefits. >> we know that we're going to have greater and greater portion of our people in the service sector and we know that there are airport workers and fast food workers and nurse assistants and retail salespeople who work their tails off and are still living at or barely above poverty and that is why it's well past the time to raise a minimum wage that in real terms right now is below it was than when harry truman was in office. >> republican leaders quickly took issue with the president's poach. house speaker john boehner suggesting the president's policies created the very problems that he described. >> meanwhile republicans and democrats are trying to hamme
CSPAN
Dec 9, 2013 7:00am EST
to replace the savings so it would not add to the deficit by increasing some government fees and perhaps requiring higher contributions and maybe a workers 60 52 $7 billion deal. it would be an agreement on the level of discretionary spending or the appropriations bills for the next two years. is this a large or small deal? caller: this is not what you would call a brain -- a grand bargain. they deliberately set it pretty modest target. finding some of sort of agreement for this year, this year's appropriations levels and possibly next year year's, they would target that. talking about the prospects of a budget deal this morning. you are welcome to join our conversation. democrats -- this weekend rob -- talked about the prospects of a budget yield and affording a government shutdown. [video clip] >> can you get an extension if you -- can you get an extension if it is paid for? >> that is $25 billion nobody was talking about until last week. it is an additional cost within this budget agreement. i'm glad to hear my colleagues say that it is not necessarily a sticking point. i think there
FOX Business
Dec 5, 2013 4:00pm EST
to get the trade deficit down which means getting the dollar down. we're shipping $5 billion worth of demand overseas, money earned here, spent in europe, china, demand, whatever. it is very hard to fill that gap. we did that in the last decade with the housing bubble. that is not a really good way to go. i would put the emphasis down to get the trade deficit close closer to balance. liz: you think the weaker dollar is better. exports looked not certainly so bad. exports were up. people are buying our good overseas. >> well, it was some improvement but we actually revised down the previous numbers, previous month ace numbers. so it wasn't much of an improvement. we have a ways to go. we have a deficit of 500 billion. maybe we're moving in the right direction but if so, very slowly. we have to pick up that pace. liz: precursor to the government's jobs number report, adp, came out yesterday. look better than expected, 218,000 jobs created what are you expecting from the labor department tomorrow? >> i will be a pessimist, 141, 50. last month was strong numbers. strong growth in retai
Al Jazeera America
Dec 3, 2013 12:00pm EST
deficit over time, we had an $18 billion overhang. and so we were never able to go out and increase revenue. so the only way we stayed alive quite frankly is through cuts. and we cut everything that we could, but unless there is more investment coming into the city, and a new stream of revenue, there was no way to -- i guess to fix the problem, so now with bankruptcy eminent, i think our debt off of our balance sheet would be less than it is today, and that is going to be a positive on a going forward basis. >>> the mayor of detroit responding to a federal judge's ruling that detroit can proceed with its bankruptcy filing. bisi onile-ere is live from detroit. what is the reaction there. >> as you can see me there is a group gathered. and you have been very outspoken through this whole or deal. were you disappointed by the judge's decision? >> we were very disappointed. he basically found that terminating the pensions is legal. >> reporter: a lot of people are worried right now because of the ruling that came down. >> we're continuing to pursue all of our options. we hope to negotiat
CW
Dec 6, 2013 10:00pm PST
of it. >> we are getting a glancing blow and much-needed rain fall. we are in the rain deficit. i know we like to talk about the snow in the higher el visions, but this is much- needed rain fall. timing not so great, but here it is. look at that radar lighting up. the boundary itself, the front is through the north bay. you have seen the market decrease. you have to go through the boundary in concord, louisiana fayette, san ramon, and richmond, also picking up a lot of showers. vallejo and look at the south bay. look at the radar down there. in san jose, palo alto, fremont, union city, there is heavy rain fall out there and heavy rain still to come. one place getting a break would be on the other side of that boundary. you are drying out a bit. snowed earlier today. now overnight tonight with the cloud cover, it will not be as cold. widespread 30s, but not a freeze. another freeze is coming tomorrow night. vallejo tomorrow morning. redwood city 49. there's a strong area of low pressure which has hopped aboard the jet stream. we established the jet stream to the south in mexico before c
CSPAN
Dec 8, 2013 11:25pm EST
responsibility. >> there is a difference between short-term deficits and long-term deficits. the short-term deficits were largely inherited by barack obama and we need to recognize that some level are understandable and and to make it very clear to try to get the economy growing and to try to bring unemployment down. and then he pivoted this structural deficit and that is what threatens that. >> it is not the debt that's on the balance sheet, but it's what off the balance sheet and he talked about three things. he talked about freezing a portion of discretionary spending, less than 20% of the federal budget for three years, you know, three years are better than one and especially since spending has increased 20% or more over the last two years. >> there are lots of holes in that and they have to put a truck through it and it does provide some constraints that would be there. and thirdly he came out for a fiscal commission and this includes other spending restraints and tax reform that will terminate or revenues and i think it's important that we do it this year and to act before are me
CSPAN
Dec 4, 2013 10:00am EST
administrations have danced around the mission of our infrastructure deficit. for all the attention to the various fiscal cliffs, the looming infrastructure deficit is every bit as critical. for two centuries, infrastructure was a bipartisan issue, from lincoln with the transcontinental railroad to democrats and republicans coming together to launch the interstate freeway system, signed into law by president eisenhower, subsequent roads, transit and water investments helped fuel our economy and tie the nation together. more recently, the failure to address long-term funding has also been bipartisan. the bush administration ignored strong recommendations from their own private sector experts that they impaneled to give advice. although the obama administration did request and employ some modest funding in the recovery act and has proposed an infrastructure bank and talked extensively and i think sincerely about the need for investment, what has been lacking has been a specific concrete proposal from either party to address infrastructure financing in america. while the political maneuvering has sec
CSPAN
Dec 5, 2013 7:00am EST
point that out. host: yet the deficit is a problem. k stone.this from mar guest: i think tax expenditures is a big problem. there are tax revenues that we should be taking in which we are not because we are subsidizing a significant amount of what some have termed corporate welfare. billions of dollars to the oil and gas industry, they are making record profits. the tax expenditures are costing the american people in ways that are problematic. host: what would you cut the besides defense? guest: revenues that we have lost that would otherwise should take in. other than defense, there is waste and inefficiencies in a wide range of domestic spending programs. i am willing to take a look at almost everything. i think the demonization of social security and medicaid are inappropriate. they are not responsible for the deficit problem we have right now. ronald reagan in a debate with walter mondo and clear social security has nothing to do with the deficit. it was true then and it is true now. att in plano, texas. caller: thank you for taking my call. food stamps is not one of the
CSPAN
Dec 1, 2013 9:30pm EST
chairman in d.c. and governor of ohio with the largest deficit in our history now balanced with a surplus, we want to get them to focus on doing their job. we all have to get behind this, republican governors, democratic governors. we have $17 trillion debt. it is sucking a lot of the life out of our country. we have the chinese using american dollars that they take from us to recycle in places around the world with the influence they have. we've got to balance the budget. it will restrain them. it will lead to greater economic growth. it is time to get back on this again. i think it is one of the most important issues the country faces. it will be interesting to see if democrats and if liberals recognize the fact at some point they have to be responsible in that town and meet the challenge of these deficits. >> you have been fighting it your entire public life. that is exciting. let me ask you. i have been struck since i'm in here by how many people are concerned that the republican party will repeat the same mistake in washington, d.c. that they made over the last several months. you kn
MSNBC
Dec 4, 2013 2:00pm PST
to suggest that budget deficits are created by the poor. you know, you mentioned walmart and others who pay a sub minimum wage, essentially, the minimum wage isn't worth what it was in 1968. and they get -- that cost us $7 billion in just food stamps alone, because those people don't have enough money to stay out of poverty. they're against increasing the minimum wage, and they're against these people having enough money for food and their family. they know the fact that most of the studies show that most -- so many people on food stamps run out of food. the third week of the month. that when they have the money for food, et cetera $1.40 per person, per meal. they know how difficult it is for them to have the necessity. but that's not their political agenda. their political agenda is to demonize it. that's why they fight back so hard when the pope suggests that we should appeal to our better humanity, and care for these people and be concerned about these people. and try to get them up on their feet and get them proddive in society and provide the mechanisms to do that. that's what the pope
CSPAN
Dec 3, 2013 10:00am EST
's infrastructure deficit. roads, bridges, transit systems are all increasingly at risk. we are facing an inadequate state of repair, construction of new facilities are on hold and we are losing ground in meeting our own needs, let alone the challenges of global competition. yet, this challenge is an opportunity for some potential progress. we know what to do to meet this challenge. we can write a new transportation bill that will meet today's needs. it just needs more money. there is a vast coalition that supports additional resources for infrastructure. the so-called special interests that are so often at odds are remarkably aligned when it comes time to recognize and fix this problem. business, labor, professional groups, local government, environmentalists, truckers, bicyclists all agree. the paralysis that surrounds questions of raising taxes does not necessarily need to apply in this case. ronald reagan, after all, was willing to sign into law a five cent gasoline tax increase 31 years ago when a nickel a gallon was real money. a user fee is in fact a different category from a general tax incr
CSPAN
Dec 4, 2013 7:00am EST
. caller: good morning, america. in 2008, obama came in. a budget deficit. $9.6 trillion deficit. in, america hired democrat congress, senate, president. they stuffed obama down our throats without any consent from republicans. here we are $17 trillion in debt. benghazi, mexico. people whove the believesnd what obama -- shutting down businesses. these democrats have done enough. harry reid has not passed a budget in this country in six years. where is the outrage there? we have no budget. where's the outrage? we are a country with no budget. you run your household with no budget? they are stealing the money to go back to the campaigns, to a democrats. wake up and look at the democrats -- facts. this guy's a socialist and that is what will be coming. god bless us all. host: former president bill clinton weighed in on the health care law i while ago, saying that the president should keep his pledge on if you like your you -- insurance you should keep it. was interviewed yesterday and asked about why he made those comments. [video clip] is it because you are setting the way for mrs. cli
FOX Business
Dec 4, 2013 7:00pm EST
anymore. we explored our countries trust deficit. robbie leatherwood will speak with us next. reporter: vice president aydin in asia, trying to keep the chinese are starting a military conflict. former army four-star general jack keane on what the administration should do next as a business owner, i'm constantly putting out fires. so i deserve a small business credit card with amazing rewards. with the spark cascard from capital one, i get 2% cash back on ery purchase, every day. i break my back around here. finally soone's recognizing me with unlimited rewards! meetings start at 11, cindy. [ male announcer get the spark business card from capital one. choose 2% cash back or double miles on every purchase, every d. what's in your wallet? i need your timesheets, larry! ♪ [ male announcer ] the parking lot helps by letting us know who's coming. the carts keep everyone on the right track. the powerools iroduce themselves. all the bits and bulbs keep themselves stocked. and the doors even handle the checkout so we can work on that thing that's stuck in the thing. [ female announcer ] tod
FOX Business
Dec 4, 2013 10:00pm EST
't trust each other anymore. we explored our countries trust deficit. robbie leatherwood will speak with us next. reporter: vice president aydin in asia, trying to keep the chinese are starting a military conflict. former army four-star general jack keane on what the administration should do lou: let's take a look at the global hotspots that are not cooling. in afghanistan, president hamid karzai shutdown secretary john kerry's suggestion that the united states could rcumvent through famine have afghans defense ministers on a security agreement that would allow u.s. troops to stay in the country past next year. the spokesman of hamid karzai says he would not promote any of his ministers to sign in his place my certain demands are met, including a demand to change miliary operation. any major blow to hezbollah. one of its top military leaders gunned down outside of hishome in a busy beirut suburb. has bloke was quick to blame israel for the assassination and israel denied any involvement in the death of the terrorist. in the ukraine, more protest over closer ties with russia and reduction of
CSPAN
Dec 2, 2013 2:30pm EST
budget, offering responsible solutions to address the budget deficit, cancel the sequester and grow the economy. last march we offered our budget for fiscal year 2014 as an alternative to the budget that was adopted by the house. the c.b.c. budget makes tough choices. but not at the expense of our most vulnerable communities. the c.b.c. budget offers a concrete plan that both cancels the economically disastrous sequester and then pays for that cancellation. our budget is able to do so while also protecting social security, medicare, medicaid, snap nutrition benefits and other vital safety net programs that protect millions of americans from poverty. c.b.c. budget also reduces the nation's budget deficit by approximately $2.8 trillion over the next decade, compared to the february baseline calculated by the congressional budget office. other ideas have been presented in the past to either cancel the sequester or reduce the deficit. they almost always include significant cuts to social security and medicare. these ideas have included changing the way the social security benefits are c
CNN
Dec 6, 2013 2:00pm PST
the government, folks with the national deficit dropping at its fastest rate in 60 years? it is time to stop the obsession with deficits and start an obsession about middle-class job creation. >> well, governor granholm, i'm going to give the president credit for these numbers -- >> stop the presses -- >> but this nation is still woefully unemployed. he has to take credit for that, too. i know his numbers could not have come at a better time for an administration that's had a rough couple months. in the crossfire tonight, a pair of economic experts, david madlin director of the american worker project for the center of political progress. >> and david, let me start with you. even though this morning's jobs numbers sound rea
CSPAN
Dec 5, 2013 10:00am EST
the surplus but they also share the deficits so if there is a regional deficit, the pain will be shared in terms of frankly rolling blackouts if it comes to that. we can hope for a cool summer in the summer of 2016 that's not necessarily a prudent approach. with that i would be happy to answer any questions. >> our next witness is mr. john morrissey and you are recognized for five minutes. >> good morning chairman, ranking member and members of the subcommittee for holding this hearing and the opportunity to testify. as i acknowledged there is a significant change occurring on the energy landscape. the operation in america has experienced only a modest incremental change over the last decades yet in recent years the development of new technology is bringing much more rapid change to the system that can't be disruptive. i think embracing these changes will allow a much more efficient utilization of energy resources. the challenge before us is to enable the system to be more efficient through the utilization of technology and foster the development of a diverse set of competitive energy r
CSPAN
Dec 6, 2013 6:00pm EST
, loss of bladder continents, and the deficits of treatment are currently outweighing the benefits. so that test is no longer recommended. the numbers are pretty clear that the overdiagnosed of early breast cancer happens in many cases as well, and there are a number of things that are being undertaken to try to improve the situation clinically. from the point of view the national cancer institute, the thing we are trying to solve is the question of how we can take these early abnormalities and apply new kinds of tests to distinguish between those that are likely to evolve into life- threatening illnesses and those that are simply the nine -- benign abnormalities that would not cause serious symptoms or life-threatening situations had they not been detected. host: we're talking with leading researchers about their areas of expertise at the nih. dr. harold varmus is the director of the national cancer institutes. al is joining us from cambridge, ohio. caller: good morning. it is a pleasure to be able to talk to a doctor out here after working for 40 years at a good job but cannot seem t
FOX Business
Dec 3, 2013 11:00am EST
is insolvent it is detroit. has been borrowing money and using deficit financing for years. this is not a bankruptcy like jefferson county, alabama which is a single transaction. this is a city that is structurally solvent meaning it spends more than has coming in and accumulated debt that it can't pay back. connell: this portion of it jeff was referencing, refused to go farther than people thought with regard to pensioners. they get no more favorable standing than other creditors do. jeff says that could have implications for other places. >> it could have implications but those places have to be in bankruptcy. at this point you have two dozen states where state court rulings or constitutions protect pensions, not only what you already earned but anything you might turn going forward which is far greater protection than anyone has in the private sector.% so you still have to be in bankruptcy for this to apply and right now we don't have a lot of cities tumbling into bankruptcy. dagen: will it encourage them and push municipalities toward this? >> it is a very interesting s
KICU
Dec 6, 2013 11:00pm PST
a seven point deficit to win by nine over toronto. tonight in houston golden state nearly made as many turnovers as field goals. warriors in their dark jerseys shot 36% from the field. rockets scored 23 points off golden state 22 turnovers. james harden you're so vicious. 34 for harden. he also led the team with eight turnovers. look at this alley oop pass. here comes houston. there goes harden. warriors never in this one. they lose this one 85-83. >>> sharks are already regretting their east coast trip. they lost back to back games in regulations for the first time this super bowl. it felt like the grinch stole christmas in raleigh. san jose scored twice. sharks make something happen in the third. justin braun one times it. steals a goal past ward. we're tied at three but it wasn't meant to be. rookie elias lenum deflects it. an empty nether to score three goals and they win 5-3. the baseball business is just getting wackier. yankees win two big [ female announcer ] for those who love sweets your season is here. let's just call it the baking time of year. you need special ingredients.
MSNBC
Dec 3, 2013 11:00pm PST
it would explode the deficit, that wouldn't look like it was going to expand government to basically abide by what boehner just said there, the cost could potentially be astronomical in some places. now, it could end up being that the president's health care law ends up costing a lot more than the experts have said, but for right now the best people we got, the congressional budget office insists it's not going to be that costly. it's hard for republicans to come up with something that will be as fiscally neutral and responsible as the law as it is written right now that the president has. >> it was like the speaker saying holding up four candy canes saying like all these? i'll give them to you. thank you chuck todd and clarence page. >>> up next, what's the explanation for this star wars inspired scene on the national mall here in washington? the sideshow's next. and this is "hardball," the place for politics. [ male announcer ] this duracell truck has some very special power. ♪ [ toys chattering ] it's filled with new duracell quantum batteries. [ toy meows ] [ dog whines ] [ toy meows
FOX
Dec 6, 2013 10:00pm PST
us all tuesday when they overcam a seven point deficit to win by nine over toronto. tonight in houston golden state nearly made as many turnovers as field goals. warriors in their dark jerseys shot 36% from the field. rockets scored 23 points off golden state 22 turnovers. james harden you're so vicious. 34 for harden. he also led the team with eight turnovers. look at this alley oop pass. here comes houston. there goes harden. warriors never in this one. they lose this one 85-83. >>> sharks are already regretting their east coast trip. they lost back to back games in regulations for the first time this super bowl. it felt like the grinch stole christmas in raleigh. san jose scored twice. sharks make something happen in the third. justin braun one times it. steals a goal past ward. we're tied at three but it wasn't meant to be. rookie elias lenum deflects it. an empty nether to score three goals and they win 5-3. the baseball business is just getting wackier. yankees win two big time players. sarah and mitty play a division championship game tonight. it's for all the marvels
CNBC
Dec 4, 2013 6:00am EST
for the month. also out today we have third quarter productivity, trade deficit, new home sale, manufacturing index and beige book. jp morgan chase and citibank is among those assessed $2.3 billion. society general, royal bank of scotland were among those fined. sears executive has reduced the stake to 48.4% down from the prior 55.4%. investors that decided to exit lam pert's stake shares were down. >> thanks. i was going to see how much -- he's still loaded, $5.9 billion. he still has half. >> roughly, yeah. >> let's get a check on gold prices and currency levels. joining us now the bks management, shaun is editor of the wealth report. our guest host wants to talk. can you say it? can't talk about it if i can't say it. what was the news? number in in terms of reserve currencies. >> in materiaterms of trade. the chinese economy and society itself becomes more open. it's a transactional unit. there's too much issue from property rights point of view to trust as a reserve currency. >> what about the reports coming out of the saudi arabia that they're negotiating with the chinese to pay for oil?
CSPAN
Dec 2, 2013 12:00am EST
problems that do threaten the moral drift and cognitive and scholastic deficits, the healers, social reformers and confidence builders, do not have the answers. on the contrary, they stand in the way of a genuine solution. >> yes. i'm not saying that we don't have problems in our schools, even though i don't think that boys are pathological, i do think that there is evidence that they need character education as girls do as well. as most societies know, it takes more effort to socialize a young man and young boys who are morally neglected, and in most societies, they invest a lot of effort into civilizing young man. in our schools there has been a decline of character education and moral education and replacing it with things like self-esteem programs, various programs that are doubtful and merit. and we have a tried-and-true method of civilizing boys, good sportsmanship they can get from their coaches, most of all from parents, and we've kind of moved away from that. the second problem with boys, is that i believe they have become second-class citizens in our schools. and the proble
CSPAN
Dec 7, 2013 9:00am EST
problems that do threaten childrens' prospects, their moral drift, cognitive and scholastic deficits, the healers, social reformers and confidence builders don't have the answers. on the contrary they stand in the way of genuine solutions. >> yes. i am not saying we don't have problems in our school. i don't thing boils are pathological but there is good evidence that they need character education and girls do too. most societies know that it takes more effort to socialize a young man and young boys who are morally neglected. very unpleasant ways of doing this, i have noticed. most societies in just a lot of effort into humanizing, civilizing young men. what i have seen is in our school there has been a decline of character education and moral education, move replacing it with things like self-esteem programs, various therapeutic approaches that are -- we have a tried and true method of civilizing boys. it is through good sportsmanship, they can get from their coaches and moral guidance from parents, but reinforced by teachers and moved away from that. i believe now boys have become
CBS
Dec 4, 2013 5:00am PST
as there is a demand. warriors the team overcame a 27- point deficit to win. dennis rodman will be training north korea's basketball team. and eaglecam is trenning. >>> a sea eagle in australia stole a camera and took a selfie. rangers placed it near a river in may to get pictures of crocodiles but you can see, i don't see any crocodiles in the air. an eagle picked it up, took it on a 68-mile journey before setting it down again. >>> and one of these cute faces could be yours starting today for free. the tricity animal shelter in fremont is offering pet adoptions all month long at no charge. >> we're hoping people will choose to give a little animal like nugget a home for the holidays rather than buy a new tv or a vcr or something like that. >> the offer is good for all qualified and approved homes. animals will be spayed or neutered have rabies vaccine and microchip at no cost that usually costs about $150. >>> all right. 5:15 now. and let's check in with liz to see how traffic is moving along. >> good morning. traffic is looking great overall. no big accidents. a lot of overnight roadwork has been p
CSPAN
Dec 6, 2013 2:00pm EST
for the footprint and recall that under the miso agreement they all showed a surplus but they also share the deficit. so if there's a regional deficit, the pain will be shared in terms of frankly rolling blackouts if it comes to that. we can hope for a cool summer in the summer of 2016, but that's not necessary a prudent approach. so with that i would be happy to answer any questions at the appropriate time. >> thank you, mr. moeller. our next witness is mr. john norris. you are recognized for five minutes. >> good morning, chairman whitfield, ranking member mcnerney, and members of the subcommittee. thank you calling this thing. and the opportunity to testify. as i acknowledged in a written test with their significant changes occurring on our energy landscape. the operation of our energy system in america has experienced in my view only modest incremental change over the last many decades. yet in recent years the rapid development of new technologies is bringing much more rapid change to the system. that change can be disruptive. i think embracing these changes will allow a much more efficient util
CSPAN
Dec 4, 2013 9:00pm EST
. particularly when there is so much concern with the deficit and debt. medicare is historically aimed to set a men's to ma plans equal to what medicare would expect to pay in a traditional program. bys changed in 2003, and 2009 came into a considerably higher that medicare would have paid for the same beneficiaries if they were in the same program. this cost every beneficiary more and added part b damien's, providing little incentives to become more efficient. . found wide variations that suggests there was room for a lot more efficiency in the program. were incy changes that the aca reflect recommendations that congress'own commission has advocated for years. raised the concerns offerings to my mind are not consistent with the evidence on her part the way competitive markets work. the already addressed protections and places in the program. only five percent of beneficiaries in 2014 will have to shift plans. most will be able to stay in the same type of land. 21%average premium was down for a beneficiary, and premiums stable in 2014. some beneficiaries will see premiums rise in 2000 14. th
CSPAN
Dec 7, 2013 12:00pm EST
save shows up as higher paychecks for workers and lower deficits for the government. indeed, the cbo estimates in the second decade, once the aca is in effect it will shave 0.5% gdp off the deficit every year. how do we implement all these benefits to make sure they translate into better care for all americans. he have to keep spreading the word so that americans know that these options are available to them. the is where much of attention has been since october 1. the new health insurance marketplace will help insure millions of hard-working americans. in states where they are working to make this law work for more of their federal citizens, people are signing up in droves. 50,000 people have signed up in new york. 80,000 in california. 9000 in kentucky. other states are utilizing the federal marketplace. let me talk a little bit about that marketplace. as you know, the website did not work the way it should have on october 1. that's on us. that's on me. as soon as we realize there were problems, we put a team of experts to work and as promised it is working better than now and will
CSPAN
Dec 8, 2013 7:00am EST
.s. current account deficits since 1999 shows the trend and the discovery of new domestic sources of oil and gas, it reinforces this issue. the country is spending less on imported energy." you can read the full story on bloomberg's website. the front page of "the pittsburgh post-gazette" -- a look at some of the victims from one year ago and a story that will likely get a lot of attention in the week ahead. this is from "the detroit free press" -- you can get more information by logging on to freep.com. next is robert from massachusetts. decline andre in the reason is because we, as a viewed -- when the world our opinion not to go to war, we would not go with our allies. we are ia country that has of thed because one world sees our moral fabric has declined, that is a decline any way. when bush stole the election world looked the --it is not a has way we go about the world. said we havellers the most disrespected presidents. how does the worldview that? it is a holy mentality. then you look at what happened in wall street, the greed that is going on. this is all that. we are meddling in
CSPAN
Dec 8, 2013 8:45am EST
and deficit spending can find, how are you going to get a balanced budget? we don't like the current economy, what i going to do to get us to grow at the rate we ought to? coming out of this deep of recession, we will be growing five or 6% a year. we should be pulling back into the middle class. we will be solving a lot of our problems by just the sheer dynamics of a recovery. we are getting none of that right now. don't just tell me which are getting. don't know what you're for. i've been to all too many campaigns in the last 15 years that have been negative, eddie, personality oriented and they think they don't show the country well and i don't think will solve our problems with that approach. i hope you will read "breakout" but if you agree with me that this was an important concept inhibiting the people who think in that line in future, think about prison guards of the pass, we could really begin a dialogue that is future past and is very powerful in terms of bringing many people together who wouldn't know my think they were on the same side and i would appreciate it if you decide the st
FOX Business
Dec 5, 2013 11:00am EST
't the unions with deficit down and negotiate? >> maybe at some point. dennis: we do it in the private sector all the time, why can't you? >> this idea government workers are uncomfortable, but yet all activity. >> it is ridiculous. these people deserve what they were told they would get. >> it is a lot more antigovernment. dennis: you're a good sport. the congressional bill in illinois, you'll hear from the guy who could be the next governor in illinois. talk was tracy byrnes and ashley webster at 2:00 p.m. cheryl: "wall street journal" reporting americans with chronic illnesses might also be big losers with higher out-of-pocket drug cost. joining us to talk about how it will affect the pocketbook, it is great to have you on the program. the journal found the biggest issue here is the still had to sign up for the plan before they will tell you what your benefits are going to be. how are we supposed to know what it will be? >> they are very tough, especially where lots of sick people are opting into the exchanges premiums may be lower. they will have a tough time figuring out how much will co
FOX News
Dec 7, 2013 11:30am PST
, republicans are hesitant to spend anymore money that would add to the deficit. this would cost tens of billions of dollars added to the debt, so it would be a major shift for them to refuse to do it now especially with only a handful of weeks to go. there are a lot of people counting on those amounts right now. >> it would cost 20 billion to extend the benefits, which would expire by the 28th. >> last week we saw democrats ease up on some of their concerns. they originally wanted this unemployment benefits extension to be attached to this small-scale budget deal that is now in the works on capitol hill. they thought that would be a good show toward unemployment to include their interests in the budget deal. but later in the week they said actually it is okay. if the budget deal goes through without this section as long as we can pass it another way, that is all right. so i think it makes it much more likely we'll see the extension in some form or another in two weeks, again, we don't have much time before the lawmakers leave for the holidays. >> we don't, they're leaving on the 13th
KRON
Dec 6, 2013 5:00pm PST
pittsburgh. he phil dent and that was the game-winner, they came back from may deficit. the final his five- storyscore was 5-3. >> just plain bad luck for the united states soccer team netherworld cup draw today. head coach jurgen klinnsman and his 14th ranked squad will first square off against ghana. a team that eliminated team usa in both the 2006 and 2010 world cups. >> tiger woods turn back the clock would 10 birdies spread was playing at one of his favorite courses, sherwood country club in thousand oaks. >>> "omg! insider," the top trending stories you need to know. >> i hope the world will never forget nelson mandela. >> remembering nelson mandela. >> the stars paying respects after his family and the world learned of his passing at the mandela movie premiere. >> extremely sad and tragic news. >> how the loss of the beloved leader is affecting hollywood. >> he proved what a difference one person can make. >>> new details on a fan memorial for paul walker. >> and who allegedly stole crash scene evidence then posted this disturbing photo. >>> then my new york tea with the "duck dynas
CSPAN
Dec 5, 2013 9:00am EST
were to continue, would lead to greater federal deficit, which would eventually reduce the nation's output in income, slightly what would occur under current law. so i believe we should be focused on how we get folks back to work. that is where the house has been focused. unfortunately, after 140-some bills we passed over to the senate, they still await even consideration at all by that body. so with that, mr. speaker, i yield back. mr. hoyer: i thank the gentleman for his comment. we need to have the -- we don't have the time nor the inclination of going through the bills which the gentleman refers as jobs bills. of course we have an alternative and mr. van hollen will be talking about that in terms of jobs, investment, infrastructure, investment in education and growing jobs for our people. but the fact of the matter is, mr. speaker, there are 1.3 million people who can't find a job. to say that they will be disincentivized because we continue to give them some support so they can survive and their families can survive during the period of time that they're looking for a job, th
CNN
Dec 4, 2013 3:00am PST
. the possibilities of how to cut the deficit, that's all been discussed over and over ad nauseam again. if we talk about spectrum sales one more time, i think people will start passing out. it's all about the political will. is the political will there this time? >> the calculation has been the pain will inspire political will. we haven't seen this before. every time people say it's going to be fine, we're not going to have a shutdown or play chicken with the fiscal cliff and we do. here's what's perhaps a little bit different, the fact they're negotiating in good faith in private is good. the question will be can republicans accept any revenues from closed loopholes or is that off hand? >> they need to cut. they're on solid ground in terms of wanting to cut. they voted for the sequester. that was a mistake. i like the quiet. >> reality check here, both the democrat and republican version are austerity budgets, the question to what degree. >> hopefully they do the smart thing administratively and give the power of cutting back to the agencies. these guys shouldn't be figuring what cuts to make. >>
CNN
Dec 4, 2013 11:00am PST
entitlements and the big issues contributing to the debt and deficit. >> we'll see what they can come up with between now and then. that's it for me. i'm be back 5:00 p.m. eastern in "the situation room." "newsroom" continues right now with brooke baldwin. >>> hi, there. i'm brooke baldwin live in new york today. we begin with a story that absolutely broke the nation's heart. i'll never forget it. i was there in newtown. i saw first hand the utter devastation, the anguish upon the faces of those in the community, the first responders, the children because of the shooting at sandy hook elementary school. i talk eed to a first responder trembling with grief. i saw the funeral processions with the tiny white caskets for young first grade victims, and moments ago, we got the 911 calls, these tapes, from that mass shooting in this quaint connecticut town. the 911 calls from inside the school where a gunman murdered 20 children and 6 adults. this is an extraordinarily difficult story to cover today. the release of the tapes, obviously, extremely sensitive. we are fully aware of that he
CNN
Dec 7, 2013 8:00am PST
trillions of dollars of additional deficit and debt are good things for her. >> reporter: and our thanks to dana bash for that, reporting on the gop trying to woo more women voters. >>> all right. the fbi believes a letter was written and sent by a missing new hampshire teenager, abigail hernandez. she was last seen in october on her way home from school in the town of conway. well, abigail's mother received a letter a month ago. police won't talk about details in the letter, but say they are concerned for abigail's safety. adding that it is possible that she is being held against her will. >>> and while you were sleeping, u.s. defense secretary chuck hagel was on a military transport headed for an unannounced trip to afghanistan. he landed in kabul earlier this morning. is he there to thank the u.s. troops for their service and training afghan training forces, and he'll meet with his afghan counterpart to see if afghan troops are able to defend their own country. >>> as the world mourns the death of nelson mandela, tributes to south africa's first black president are pouring in that cou
CSPAN
Dec 8, 2013 10:35am EST
of scholarships for the kids who came out of there. effect on the town of the mine closing was deficit in the account had been through lots of hard times bigger than labor strikes and i write about what big strikes in my book. it had been through the depression the aldermen voted to work three days a week so everybody could work. but when the mine closed-end, nobody could believe it. they tried to get people to get in to be a white knight to save the town and have someone else bought it. a company that bought it from the original owners and they were mining deep and mining fast and getting the best stuff out there and then environmental protection agency came in and said you can't keep doing what you're doing. and between the way the gulf resources managed the mine and the epa, they closed down and this became a superfund site. epa is the one who tries to keep the air clean and the water claim. this town did not have clean air or clean water. so there were lots of poisons that were spread out on the ground. while this one company was managing the mine, there was a back house fire. the
CSPAN
Dec 3, 2013 7:00am EST
deficit. that has gotten lost in this discussion, the massive debt continues to not shrink and continues to pile up for future generations. host: would you support it, short-term deal for congressional resolution? guest: it would depend on what is in it. i think most conservatives would say, we have to do something about obamacare. we have to show the american people would think it is not working. perhaps that would be not allowing the sixth in the medicaid funding to continue to be sent generally to blue states. if we can maintain the sequester level the that is a minor victory. you mentioned the shut down. would you support that prospect if it came up again? guest: i didn't support the last one. there's no bill of a shutdown. when the president and senator reid said, give me everything i want or we will show the government down, we passed 14 bills while the senate has none. i think we blinked but it did draw attention to the failures of obamacare and the fact the president and the democrats -- they own obamacare. that is not the republican of the -- that is not the fault of the republi
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